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How to maximize rental income with Doorstead's Rent Guarantee

Rent guarantee
Renting a home
How to maximize rental income with Doorstead's Rent Guarantee
Income guaranteed even before we find your tenant
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Property owners understand that managing a rental property can be challenging, with many uncertainties, from problematic tenants to vacant periods.

Doorstead is here to alleviate those worries by offering a guaranteed rent service that removes the guesswork and risk from property management.

By partnering with us, you can optimize your rental income while we handle the complex aspects of property management.

This article explores maximizing your rental income using Doorstead's Rent Guarantee.

Understanding Doorstead’s Rent Guarantee

Doorstead's Rent Guarantee is a property management service that ensures consistent monthly income for property owners. Once a homeowner partners with Doorstead, we offer a guaranteed rent amount and start date upfront.

This predetermined rent means property owners will receive a consistent income, even if the property is vacant or a tenant fails to pay rent.

Our rent guarantee is possible due to our use of data and efficient operational practices. This allows us to meticulously calculate your property's rental value, optimize your rental rates, and carefully select tenants, safeguarding your rental income.

Maximizing rental income through property preparation

The first step towards maximizing rental income is ensuring your property is rent-ready. Doorstead comprehensively inspects your property and recommends necessary repairs and improvements. Learn more about how the Doorstead rent guarantee works, and if you’d benefit from it as a homeowner.

We aim to provide that the property is in its best condition to attract the best tenants, thereby decreasing vacancy periods and protecting your income. Check out ten of the features that tenants are expecting in all the rental homes that they tour.

Data-driven rental pricing

Doorstead uses data-driven strategies to set competitive rental prices for your property. Leveraging millions of local real estate market data, our algorithms predict the optimal rental price that will attract reliable tenants while ensuring maximum income for homeowners.

The advantage is that you will be confident that your rental fee is neither too high, causing extended vacancies and unpleased tenants, nor too low, resulting in lost income.

High-quality tenant placement

Part of our guarantee involves taking responsibility for tenant selection. Our comprehensive screening process ensures that only reliable, creditworthy tenants occupy your property.

This reduces the risk of missed or late rental payments, contributing to a steady rental income flow.

Guaranteed payments

Your rental income starts flowing from the Guaranteed Start Date, regardless of whether a tenant has been placed.

With Doorstead, the 8% monthly management fee is a small price to ensure receiving rental payments like clockwork.

If your property rents above the guaranteed price, you pocket the extra income, increasing your investment return.

Full-service property management with Doorstead

Doorstead's full-service property management includes all the tasks that ensure your rental income stays steady. From handling maintenance requests and renewing leases to carrying out regular property inspections, Doorstead takes care of everything.

This frees you from the day-to-day hassles of property management and ensures your rental business operates optimally.

Advantages of the Doorstead Rent Guarantee

Minimized risk

One of the essential aspects of Doorstead's Rent Guarantee is the inherent risk mitigation. By taking on the uncertainties associated with tenant selection and potential vacancies, Doorstead ensures that property owners can rest easy.

Even during unforeseen circumstances like a global pandemic or local economic downturn, your rental income is secured under the Doorstead Guarantee.

Maintenance and repairs

As a property owner, dealing with maintenance and repairs can be one of the most time-consuming aspects of property management.

With Doorstead's full-service management, you can leave the property maintenance worry to us. We handle all maintenance requests and conduct necessary repairs to maintain your property. This ensures tenant satisfaction and helps preserve the long-term value of your property, contributing to your overall returns.

Eviction protections

In the rare instance where a tenant must be evicted, Doorstead provides eviction protections as part of the Doorstead Rent Guarantee. This includes up to $10,000 in eviction and damage protection. This adds another layer of security, ensuring that your investment is well-protected and your rental income stays consistent.

Landlord insurance is a great complement to our rental guarantee. Learn about the differences between landlord insurance, rent guarantee insurance, and our Doorstead rent guarantee.

Managing properties easily with Doorstead's Rent Guarantee

Doorstead's primary offering is comprehensive property management services, completed by another unique service – Doorstead’s guaranteed rent. Our belief is rooted in the idea that a solid guarantee is much more meaningful than a mere promise. With the help of data analytics and efficient operational practices, we offer the Doorstead Guarantee. This commitment manifests as a contract that immediately secures your property's monthly rent and start date.

At Doorstead, we take on the inherent risks of guaranteeing rent. Because of this, we adhere to stricter prerequisites, particularly about initial property repairs, to ensure your property achieves our 'Rent-Ready' standards. In addition, within a Doorstead Guarantee agreement, we reserve the exclusive right to select the tenant.  By syncing our goals and incentives with yours, we ensure that we fill your property with only the most appropriate tenants in the quickest possible time, optimizing your rental experience.

To determine if your property is eligible for the Doorstead Guarantee, we have a straightforward process where you input your address and answer some simple questions.

Doorstead's Rent Guarantee provides property owners peace of mind. Learn about how we helped two recent customers transition from busy homeowners to profitable landlords.

The Doorstead Guarantee stands out in the property management industry by eliminating uncertainty and providing a hassle-free experience for property owners. So whether you're an experienced landlord looking to streamline operations or a new property owner entering the rental market, Doorstead's Rent Guarantee offers a secure way to maximize your rental income.

By preparing your property, setting the best rental price, placing high-quality tenants, and managing all aspects of property maintenance, Doorstead removes the stress from property management while ensuring your rental income remains steady.

With Doorstead, your rental income isn't just promised – it's guaranteed. Maximizing your rental income has never been easier. To start, visit today and take the first step towards peace of mind property management.

Ally Gong
Ally Gong
Content Specialist

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